LONCIN(SH:603766) Xin Lang Zheng Quan·2025-10-31 10:54Core Viewpoint - Longxin General has established itself as a significant manufacturer in the motorcycle and engine industry, showcasing strong technical capabilities and brand influence, with a focus on various sectors including general aviation and nuclear power [1] Group 1: Business Performance - In Q3 2025, Longxin General reported revenue of 14.557 billion yuan, ranking 2nd in the industry, with the top competitor, Chunfeng Power, at 14.896 billion yuan [2] - The net profit for the same period was 1.569 billion yuan, leading the industry, while Chunfeng Power's net profit was 1.483 billion yuan [2] - The company achieved a revenue growth of 5.6% year-on-year in Q3 2025, with significant contributions from the Wujie brand and all-terrain vehicles [6] Group 2: Financial Ratios - As of Q3 2025, Longxin General's debt-to-asset ratio was 43.19%, lower than the industry average of 46.70%, indicating good solvency [3] - The gross profit margin for Q3 2025 was 18.89%, slightly below the industry average of 20.07% [3] Group 3: Shareholder Information - As of September 30, 2025, the number of A-share shareholders increased by 18.78% to 35,400, while the average number of shares held per shareholder decreased by 15.81% [5] - Hong Kong Central Clearing Limited became the third-largest shareholder, increasing its holdings by 34.85 million shares [5] Group 4: Management Compensation - The total compensation for General Manager Gong Hui was 6.3991 million yuan in 2024, an increase of 2.3465 million yuan from 2023 [4]